VOX Options History — September 2025

In September 2025, VOX traded between $179.26 and $192.25. ATM implied volatility averaged 15.9%, placing in the 6.4% IV rank vs the trailing year. The 30-day expected move averaged 4.6%. IV traded above realized volatility by 3.2% (HV 20d: 12.7%). Max pain ranged from $130.00 to $178.00. Net GEX was positive for 21 of 21 trading days. Term structure was in contango for 19 of 21 days. Put/call ratio averaged 0.20.

Notable Days

  • 2025-09-12: Highest Volume — 93 contracts
  • 2025-09-03: Largest IV drop — 15.2% change
  • 2025-09-02: Highest IV Rank — 11.2%
  • 2025-09-02: Largest Expected Move — 5.3%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$188.00$179.26$192.25$179.26$187.82
Max Pain$134.57$130.00$178.00$178.00$130.00
ATM IV15.9%13.3%18.4%18.4%16.8%
Expected Move4.6%3.8%5.3%5.3%4.8%
HV 20d12.7%11.2%13.9%12.0%12.4%
HV 60d13.9%13.3%14.7%14.4%13.3%
IV Rank6.4%1.4%11.2%11.2%8.1%
IV Percentile29.4%0.8%66.3%63.9%44.4%
Term Structure1.4%-2.8%2.8%-1.0%1.5%
VWIV29.6%13.0%43.6%15.7%30.8%
Skew 25d4.0%-0.1%6.0%5.8%2.6%
Skew 10d4.2%-2.3%9.9%3.6%5.0%
Call IV 25d14.2%11.0%17.0%15.2%14.9%
Put IV 25d18.2%16.4%21.0%21.0%17.5%
Bid-Ask Spread %107.53101.86114.43111.89109.82
Gamma HHI0.210.100.370.100.13
Net GEX69.7K41.2K96.4K63.7K69.1K
Net DEX-3.0M-4.4M-2.1M-2.1M-3.5M
Net VEX-2.3K-3.0K-1.9K-3.0K-2.3K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.200.004.000.000.00
Total Volume27.714093444
Total OI194153261153242

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2025-09-02$179.26$178.0018.4%5.3%12.0%11.2%0.0%5.8%-1.0%63.7K-2.1M-3.0K0.00111.89N/AN/A401467
2025-09-03$183.06$178.0015.6%4.5%13.5%5.8%0.0%-0.1%-2.8%56.3K-2.3M-2.6K0.00114.43N/AN/A301467
2025-09-04$184.62$130.0015.2%4.5%13.6%5.0%0.0%4.8%1.6%54.2K-2.3M-2.4K0.00106.25N/AN/A1401467
2025-09-05$185.78$130.0015.0%4.6%13.2%4.8%0.0%5.7%1.1%86.9K-2.5M-2.5K0.00104.72N/AN/A001607
2025-09-08$186.26$130.0013.3%4.3%13.2%1.4%0.0%5.9%1.2%93.4K-2.6M-2.2K0.00105.47N/AN/A101607
2025-09-09$187.55$130.0013.9%3.8%13.3%2.7%0.0%5.8%2.6%83.1K-2.7M-2.2K0.00104.27N/AN/A4301617
2025-09-10$186.06$130.0014.6%4.2%12.7%4.0%15.7%3.7%2.1%96.4K-3.4M-2.3K0.01101.86N/AN/A7212027
2025-09-11$188.06$130.0015.0%4.3%13.0%4.6%0.0%3.3%2.8%87.0K-4.4M-2.2K0.00104.80N/AN/A8402538
2025-09-12$187.97$130.0015.1%4.3%13.1%4.9%13.9%4.7%1.1%79.6K-4.4M-2.2K0.00106.70N/AN/A9302528
2025-09-15$190.97$130.0015.3%4.4%13.9%5.3%0.0%3.8%2.1%68.9K-3.2M-2.1K0.00106.79N/AN/A601888
2025-09-16$191.13$130.0015.5%4.4%13.5%5.7%0.0%3.8%1.5%67.0K-3.3M-2.1K0.00107.20N/AN/A101918
2025-09-17$191.56$130.0014.2%4.1%12.2%3.2%0.0%3.9%2.6%57.4K-3.3M-2.0K0.00111.69N/AN/A401908
2025-09-18$191.59$130.0015.5%4.4%12.1%5.7%37.1%4.3%1.7%48.5K-3.3M-2.0K4.00106.85N/AN/A281898
2025-09-19$192.25$130.0015.6%4.5%11.7%5.9%17.3%5.0%1.8%41.2K-3.4M-1.9K0.00108.08N/AN/A52019116
2025-09-22$191.22$130.0016.3%4.7%11.2%7.2%13.0%6.0%2.1%72.9K-2.6M-2.2K0.00107.19N/AN/A7016416
2025-09-23$190.44$130.0017.3%5.0%11.5%9.2%43.0%1.5%0.7%68.9K-2.6M-2.3K0.00108.65N/AN/A2016916
2025-09-24$188.33$130.0017.5%5.0%12.4%9.5%43.6%2.4%1.7%66.0K-2.4M-2.4K0.00107.03N/AN/A40016516
2025-09-25$187.42$130.0018.3%5.3%12.6%11.1%37.6%2.5%1.6%64.7K-3.0M-2.5K0.00105.91N/AN/A14019516
2025-09-26$188.21$130.0017.6%5.1%12.6%9.8%41.2%4.6%2.2%67.9K-2.8M-2.4K0.00109.49N/AN/A19018416
2025-09-29$188.43$130.0017.2%4.9%12.5%8.9%32.2%3.7%2.0%71.2K-2.6M-2.3K0.00108.96N/AN/A68017116
2025-09-30$187.82$130.0016.8%4.8%12.4%8.1%30.8%2.6%1.5%69.1K-3.5M-2.3K0.00109.82N/AN/A44022616